Plan Ledger DOL Form 5500 · updated monthly

Care for the Homeless403(b)

CARE FOR THE HOMELESS RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.83%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Care for the Homeless reported $62,093 in plan administrative expenses for 2024: 0.83% of average plan assets, above the peer median. Employer contributions averaged $1,168 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.96% to 0.83%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (3,839th of 5,648), and 6,239th of 11,911 in health care & social assistance. In 2024, employees put in $2.45 for every $1.00 the employer contributed; active participation has grown from 201 to 368 since 2022.

Plan summary
Net assets, end of year$8,507,441
Participants with balances602
Active participants368
Employer contributions$429,911
Employee contributions$1,053,695
Employer contribution per active participant$1,168
Average account balance$14,132
Benefits paid to participants$699,455
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 602 accts · $430K emplr
2023$6.5M · 538 accts · $184K emplr
2022$5.6M · 460 accts · $184K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,553
Investment management$1,513
Total administrative$62,093
Employer contributions to the Care for the Homeless plan · 2024
Employer contribution per active participant$1,168
Median for plans this size$1,313
2024$1,168 per active participant
2023$593 per active participant
2022$914 per active participant

Care for the Homeless's 2024 employer contribution ran below the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
MUTUAL OF AMERICA SEC. CORP LLC · Recordkeeping · Loan processing$60,580
WILSHIRE ASSOCIATES INC. · Named fiduciary$1,513

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Mutual of America
2023Mutual of America, Nationwide

This plan has changed recordkeepers within these filings. If you left Care for the Homeless before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$62,093 · 0.83%
2023$51,213 · 0.84%
2022$55,792 · 0.96%
Same employer
Similar plansHealth Care & Social Assistance · New York
Forrest Solutions Inc NY$8.6M · 0.34%
Mercy Flight, Inc. NY$8.5M · 0.66%
Urban Pathways, Inc. NY$8.5M · 0.02%
East End Hospice, Inc. NY$8.5M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133666994 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.